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Wireless

Apple Pay may become more personal

Friday 13 November 2015 | 16:45 CET | Author: Bart Garvelink | Background
Apple is working on a person-to-person payment scheme, the Wall Street Journal reports. The service would enable consumers to transfer money from one person to another, likely under the Apple Pay umbrella. Several payment platforms already offer P2P services, including Stripe and PayPal subsidiary Venmo. Google and Facebook offer P2P as well. All these have in common that they are loss leaders for other services. The supposed Apple P2P would work in the same way.

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Categories: Mobile & Wireless
Companies: Apple / Facebook / Google / PayPal / Venmo
Countries: World
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